Common use of Computation of Adjustment Clause in Contracts

Computation of Adjustment. Upon the occurrence of each event requiring an adjustment of the Exercise Price and the number of shares purchasable pursuant to this Warrant in accordance with, and as required by, the terms hereof, the Company shall mail forthwith to Holder a copy of its computation of such adjustment which shall be conclusive and shall be binding upon Holder unless contested by Holder by written notice to the Company within ninety (90) days after receipt thereof by Holder.